VCs Bet On YouTube Channels

Venture capital firms are investing heavily in YouTube channels like teenage-targeted AwesomenessTV, betting that video content providers have "the potential to eventually become global media
companies," writes Matthew Wong. "This is the third wave of programming from broadcast to cable to YouTube,” is the money quote from Mark Terbeek, a partner at MK Capital, "which led
AwesomenessTV’s $3.5 million Series A round."